In the 33 years since Namibia gained political independence, there is no doubt that significant progress has been made.
Crucially, however, economic freedom still eludes the majority of black Namibians.
The legacy of colonialism continues to manifest in the disproportionate ownership of land and means of production by the previously advantaged minority.
To rectify historical injustices and forge a more equitable future, Namibia must actively pursue restorative policies and laws that empower black Namibians economically.
Such measures will serve as a catalyst for sustainable development, social harmony and a more inclusive society.
To achieve this, all existing land policies should be reexamined to intentionally empower especially young black Namibians.
Land is an essential resource that holds immense economic value. It is imperative to implement comprehensive land redistribution policies that address historical imbalances.
Through a fair and transparent process, the government should prioritise land reform initiatives that ensure access to land for those previously marginalised. These policies should be guided by inclusivity, fairness and sustainable land management.
Promoting land ownership and agricultural opportunities among black Namibians can unlock economic potential, boost food security and reduce inequality.
CAPITAL
Another way to usher in economic freedom in the lives of black Namibians is to provide them with access to capital and encourage entrepreneurship among them.
Small businesses are indispensable for a sustainable economy with job opportunities and a populace with buying power.
It is vital to create an enabling environment for entrepreneurship and small businesses, particularly among black Namibians.
Access to capital, skills development programmes and support networks are crucial in this regard.
The government should establish programmes that provide financial assistance, mentorship and training for aspiring entrepreneurs, with a specific focus on historically disadvantaged communities.
Additionally, it is essential to streamline bureaucratic processes, reduce red tape and create tax incentives to encourage the growth of small enterprises.
In this way, Namibia can unlock a wave of innovation, job creation and economic empowerment.
EDUCATION
In addition, the government needs to promote education and skills development through intentional programmes aimed at making education fashionable as the cornerstone of economic empowerment.
To bridge the gap between the previously advantaged and the historically marginalised, Namibia must invest heavily in quality education and skills development programmes.
By prioritising accessible and affordable tertiary education, particularly in underserved communities, we can equip black Namibians with the tools needed to succeed in a rapidly evolving global economy.
Moreover, vocational training and apprenticeship programmes in line with lucrative sectors – such as renewable energy, green hydrogen and the burgeoning oil and gas arena – should be expanded to ensure that individuals can develop practical skills that align with market demands.
A well-educated and skilled workforce will not only drive economic growth, but reduce dependency on external expertise.
FRAMEWORKS
Namibia should also leverage the advantage of public-private partnerships by encouraging collaboration between the government and the private sector.
This is crucial to accelerate economic transformation.
By fostering a conducive environment for public-private partnerships, Namibia can leverage the expertise, resources, and networks of both sectors to drive inclusive growth.
The government should establish frameworks that promote responsible and ethical investment, ensuring that the interests of black Namibians are protected and that profits are reinvested in local communities.
Public-private partnerships can facilitate the transfer of knowledge, technology and capital, fostering sustainable development and creating a level playing field for all Namibians.
In conclusion, Namibia’s journey towards economic freedom requires a comprehensive approach.
Through embracing land redistribution, empowering entrepreneurship, investing in education, and fostering public-private partnerships via intentional policies and decolonised legal frameworks, black Namibians are guaranteed economic freedom.
- Vilho Hangula is the current head of publications in the Ministry of Information and Communication Technology. This article first appeared in the August issue of Namibia Review, a government policy review magazine
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